Leiking to lead trade mission to Chile, Argentina and Brazil

KUALA LUMPUR, International Trade and Industry Minister Datuk Darell Leiking will lead a trade and investment mission to three South American countries next week.The mission will cover Santiago, Chile (May 20), Buenos Aires, Argentina (May 21) as well ...

AM Bests report expects captive domicile growth in Asia-Pacific

KUALA LUMPUR, AM Best in its new report expects to see significant growth of captive formations in Asia-Pacific (APAC) domiciles as economies grow and businesses seek new and more sophisticated ways of risk management and control.In the Best's Market S...

HPMT aims to raise RM42.3 mln from IPO

KUALA LUMPUR, HPMT Holdings Bhd is looking to raise RM42.3 million from its initial public offering (IPO) en route to its listing on the Main Market of Bursa Malaysia on June 12, 2019.Managing director Khoo Seng Giap said the company

PureCircle sweetens renewal agreement with Merisant over stevia supply

KUALA LUMPUR, PureCircle, the world's leading producer and innovator of stevia sweeteners has entered into a new stevia supply agreement with Merisant, to ensure its long-term supply of the best-tasting stevia ingredients.This new agreement will benefi...

MATRADE to ramp up promotion in new markets

KUALA LUMPUR, The Malaysia External Trade Development Corporation (MATRADE) is ramping up products promotion in new markets while expanding into existing and traditional markets.The traditional markets are the United States, China and Europe.MATRADE ch...

Yong Tai CEO injects RM36 million to raise stake to 20 per cent

KUALA LUMPUR, Yong Tai Bhd's chief executive officer Datuk Wira Boo Kuang Loon is raising his stake in the company to 20 per cent from 12 per cent with an injection of RM36 million cash, to further grow the business.In

Public can pay zakat through Mercy Malaysia

KUALA LUMPUR, It is now possible for Muslims to fulfil their zakat (tithe) obligations by paying it to the Malaysian Medical Relief Society (Mercy Malaysia).The non-profit humanitarian aid agency has been appointed by the Kedah Zakat Board and Perlis R...

Taiwanese firms mull moving to Malaysia, ASEAN countries amid US-China tensions

KUALA LUMPUR, Amid the ongoing US-China trade tensions, many Taiwanese companies are opting to leave China by either returning to Taiwan or scouting for suitable sites in Southeast Asia, including Malaysia.According to the Taiwan External Trade Develop...

Flight to safety dynamics to influence foreign bond investors in May – RAM Ratings

KUALA LUMPUR, RAM Rating Services Bhd (RAM Ratings) said foreign bond investors are likely to be more influenced by flight to safety factors in May after index-linked sell-off in April.In a statement today, it said prompted by the surprise announcement...

24 per cent global consumers reduce meat intake – survey

KUALA LUMPUR, A total of 24 per cent of global consumers are trying to cut down their meat intake, driving sales of global meat substitutes to reach US$19.5 billion last year. (US$1 = RM4.17)This is according to global market research